Union Orthotics and Prosthetics
"Facing a 40% renewal, our broker introduced us to the idea. Take Command provides the tools there for everybody to enroll in very easy formats on the platform."
HRAs for small business health insurance
There's nothing small about small business.
Your employee benefits should reflect that.
Easy, affordable health insurance for small business
Whether you're coming over from a traditional group plan or are new to benefits altogether, our team is dedicated to ensuring that your health reimbursement arrangements (HRA) is simple, hands-off and easy.
- Insurance shopping guidance
- Ongoing employee support
- Easy-to-use admin dashboard
- HIPAA compliance and IRS reporting
ICHRA HEALTH INSURANCE
Join the 5,000+ businesses saving on health benefits with Take Command
Taro Health
"To attract and maintain talent, we needed benefits. Managing our ICHRA has been simple and hands-off. I spend two hours a month managing and administering it."
StreamCare
"Take Command has made it simple to set up and administer the small business HRA for StreamCare and we highly recommend it to other small businesses."
Step 1
Set your budget and design your plan
Our platform will guide you step-by-step through the HRA design process, asking you all the right questions and helping you create your tax-advantaged small business health insurance plan.
How should I determine my budget?
You can set the budget however you please. Therefore, the right question is how much do you want to spend? Some employers contribute a few hundred dollars, while others offer a few thousand. You're in control. That's the power of your new HRA!
When should I start my HRA?
You should start your HRA whenever you want. Because both QSEHRA and ICHRA trigger what's called a Special Enrollment Period (SEP), you can offer your HRA as soon as next month* rather than waiting for Open Enrollment to begin.
If your employees already have qualifying health insurance, you can start your HRA as soon as today and your employees will be eligible for the entirety of this month’s allowance.
[*Though for larger employers we recommend at least 30 days to ensure the onboarding process is smooth.]
How long will the setup process take?
Creating your HRA could take as little as a few minutes. If you already know which employees you'd like to participate, when you'd like your HRA to begin, and how much you'd like to contribute, our software can have you quickly done.
That said, if this is your first time designing an HRA, you'll probably have to make a few decisions along the way that require research or conversations with our team, so it's probably best to plan for a few days to set up.
Step 2
We'll onboard and enroll your team
Take Command is the only HRA administrator that has a dedicated, in-house enrollment team. That means your employees will get expert advice as they shop for an individual health insurance plan.
When should I tell my employees?
While you can tell your employees about their new benefits at any time*, the IRS requires you to communicate the new solution within a specific timeframe. But don't worry, based on your start date, our team will ensure that you communicate when the time is right. Additionally, we'll help you explain the HRA to your employees.
[*We recommend that employers switching from a group plan to an HRA talk with our team to ensure the transition is as smooth as possible.]
How do my employees set up their account?
Once your HRA has been designed and your official plan documents are signed, we will begin communicating with your employees to guide them through setting up their accounts and beginning the onboarding process.
How do my employees shop for insurance?
We'll handle that too! While employees can purchase their qualified individual health insurance plans wherever they choose, the simplest way is to use our platform. During the shopping experience, your employees will not only see the plans in their area, they will also see which plans work best with your HRA and what their payment options are.
Depending on which plans they select, your employees could be enrolled in a plan and set up on our platform in one quick sitting.
Step 3
Sit back and relax. The rest is hands-off
Your only job now is to enjoy the peace of mind that comes with a set benefits budget, the boosted employee retention and recruitment that comes with competitive small business health insurance, and the tax savings that comes with HRAs.
How do I reimburse my employees?
Each month, your admin portal on our platform will provide you with a report giving you full visibility into how much you need to reimburse your employees. Many employers use this report to run reimbursements through their payroll software, while others use our AutoPay feature to automate the process*.
[*AutoPay not available with all insurance companies. The reimbursement process may vary based on how and where employees purchased insurance.]
How will I know if my employees actually buy insurance?
As part of the onboarding process, your employees will provide us with proof of coverage. Our team then verifies all submitted documents to ensure your employees are eligible for health insurance.
How will I know how much to reimburse my employees every month?
Our platform will provide you an overview dashboard where you can see and manage your HRA at any time. Each month, a report will be provided that shows you exactly how much to reimburse each employee. You will also be able to see previous reimbursements.
Let's talk through your HRA questions
Schedule a Call
Let's block out some time to talk through your questions and see if an HRA is a good fit.
We look forward to talking with you.
To save some back-and-forth scheduling, please select a time below that works for you. We'll give you a ring!
